Canadian Mining Journal Staff, Author at Canadian Mining Journal

COMMENT: Value of Canadian mining deals drops 37% in 2012: Ernst & Young

VANCOUVER - Canadian mining deal value and volume fell 37% and 19%, respectively, in 2012 compared to a year earlier, according to Ernst & Young's new report Mergers, acquisitions and capital raising in mining and metals: 2012 trends, 2013...

Canadian Mining Journal Staff | February 21, 2013 | 4:13 pm

BASE METALS: Hudbay meets guidance, tallies 2012 results

TORONTO – Revenue was down substantially at Hudbay Minerals last year compared to 2011, but the company declared a semi-annual dividend of $0.10 per share, nonetheless. For 2012, revenue was $702.6 million, down $188.2 million from the...

Canadian Mining Journal Staff | February 21, 2013 | 4:12 pm

GOLD: Sabina boosts Back River ounces by 13%

NUNAVUT – Sabina Gold & Silver Corp. of Vancouver has remodelled the deposits at the Back River gold project 520 km northeast of Yellowknife, NT, increasing its confidence, boosting the grade and outlining 13% more contained gold...

Canadian Mining Journal Staff | February 21, 2013 | 4:10 pm

GOLD: Probe cuts high grades at Borden site

ONTARIO – Infill drilling at the Borden gold project near Chapleau continues to improve grade to the southeast, according to 100% owner Probe Mines of Toronto. A higher grade core has been identified during drilling to the southeast where...

Canadian Mining Journal Staff | February 21, 2013 | 4:09 pm

CELEBRATION: Atlas Copco’s 140 years of excellence

MONTREAL – It was 140 years ago Feb. 21, 2013, that Sweden's Atlas Copco began its life as one of the world's leading industrial companies. Today it is active in more than 180 countries, including Canada.

Canadian Mining Journal Staff | February 21, 2013 | 4:05 pm

Victoria moves closer to Eagle Gold construction

Victoria Gold’s goal of turning its Eagle Gold project into the Yukon’s next gold mine moved closer to realization.

Canadian Mining Journal Staff | February 21, 2013 | 4:02 pm

COMMENT: AME BC lauds provincial budget

When BC Finance Minister Michael de Jong brought down the British Columbia budget on Feb. 19, there was a significant amount of good news. A balanced budget is hard to dislike. And some of the initiatives were praised by the Association for...

Canadian Mining Journal Staff | February 20, 2013 | 4:32 pm

GOLD-COPPER: Northern Freegold studies PEA with $615-M NPV and 23% IRR

YUKON – Vancouver's Northern Freegold Resources is examining the preliminary economic assessment for the Nucleus and Revenue deposits at the Freegold Mountain gold-copper project 70 km northwest of Carmacks. The report, prepared by...

Canadian Mining Journal Staff | February 20, 2013 | 4:29 pm

GOLD-COPPER: Good grades confirmed at Willa property

BRITISH COLUMBIA – Discovery Ventures of Vancouver has updated the historical resources to 43-101-compliant for the optioned Willa gold-copper property in the Slocan Mining Division near Silverton. The new estimate was completed by Micon...

Canadian Mining Journal Staff | February 20, 2013 | 4:26 pm

Inmet boosts copper reserves as First Quantum bid looms

VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper reserves.

Canadian Mining Journal Staff | February 20, 2013 | 4:24 pm

GOLD: Detour pours first gold bars

ONTARIO – After spending $1.5 billion on development costs, Detour Gold Corp. of Toronto poured the first four gold bars from its Detour Lake mine 185 km northeast of Cochrane on Feb. 18, 2013.

Canadian Mining Journal Staff | February 19, 2013 | 4:14 pm

PALLADIUM: NAP files pre-feasibility on Offset zone at Lac des Iles

ONTARIO – Toronto-based North American Palladium (NAP) has filed a prefeasibility study and mineral reserve estimate for phase one development of the Offset zone at its Lac des Iles palladium mine 85 km northwest of Thunder Bay. Proven...

Canadian Mining Journal Staff | February 19, 2013 | 4:12 pm

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